Hammerson completes £69m non-core asset sale
CEO Rob Wilkinson highlights focus on value creation and JV buyouts.
The post Hammerson completes £69m non-core asset sale appeared first on CRE Herald | Commercial Real Estate News, Data, Insights.
CEO Rob Wilkinson highlights focus on value creation and JV buyouts.
The post Hammerson completes £69m non-core asset sale appeared first on CRE Herald | Commercial Real Estate News, Data, Insights.
The Department of Housing and Urban Development has suspended funding for the Virgin Islands Housing Finance Authority (VIHFA) after it said widespread financial mismanagement, inadequate fraud controls, false certifications, and improper payments were uncovered during a HUD-initiated investigation. The announcement was made by HUD Secretary Scott Turner. HUD said in a release that almost a…
San Antonio City Manager Erik Walsh told the city council the rating agencies affirmed “what we’re doing in terms of confidence in the city, our management team, our financial practices, our budgeting and strategic planning, our available reserves, as well as our practices such as monthly monitoring, the quarterly reports to you all, the multi-year…
US banks cluster at stronger DFAST capital lows – Risk.net Skip to main content End of drawer navigation content Weakest projected capital ratio rises 390bp since 2018 Large US banks’ projected minimum Common Equity Tier 1 (CET1) ratios in the Federal Reserve’s annual stress tests have risen and become more tightly clustered since 2018, a…
Private investment firm SME Capital Ventures is handing ownership of 441 West 37th Street to the condominium board after an investigation by the New York Attorney General’s office. SME acquired the building out of foreclosure in 2023. It then failed to pay bills related to the Hudson Yards property and neglected safety violations, leading to…
The Commodity Futures Trading Commission has a new sheriff in town – and he’s rewriting the rulebook. In conversation with Risk.net, the CFTC’s new director of enforcement, David Miller, repeatedly signposts an end to “the era of regulation by enforcement”. “The age of trying to exact a tax on an industry through various types of…
More than 1.5 million homes across the UK could be rejected for a standard mortgage as they fall outside mainstream lending criteria, according to research from Together. The lender said around one-and-a-half million properties, equivalent to 6% of the UK’s 28 million residential homes, may struggle to secure finance from many high street banks….